Chump Change Foundation
EIN: 833845708 · Kirkland, WA · NTEE: S12
| Metric | Value |
|---|---|
| Total Revenue | $764K |
| Total Expenses | $686K |
| Net Assets | $14K |
Is Chump Change Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chump Change Foundation
Chump Change Foundation (EIN: 833845708) is a nonprofit organization based in Kirkland, WA, classified under NTEE code S12. The organization reported total revenue of $764K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chump Change Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chump Change Foundation is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 24.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $647K |
| Total Expenses | $686K |
| Surplus / Deficit | $-39,001 |
| Total Assets | $26K |
| Total Liabilities | $12K |
| Net Assets | $14K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2022, Chump Change Foundation reported a deficit of $39K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2022), Chump Change Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +26.6% | +49.2% | -50.8% |
| 2021 | +2325.1% | +2741.2% | +620.4% |
| 2020 | -93.8% | -95.2% | +216.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chump Change Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chump Change Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Frequently Asked Questions about Chump Change Foundation
Is Chump Change Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chump Change Foundation (EIN: 833845708) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chump Change Foundation spend its money?
Detailed spending breakdown data is not yet available for Chump Change Foundation. Check back for updated IRS 990 analysis.
Are donations to Chump Change Foundation tax-deductible?
Chump Change Foundation is registered as a tax-exempt nonprofit (EIN: 833845708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chump Change Foundation located?
Chump Change Foundation is headquartered in Kirkland, Washington and files with the IRS under EIN 833845708. It is classified under NTEE code S12.
How many years of IRS 990 filings does Chump Change Foundation have?
Chump Change Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $764K in total revenue.
Filing History
IRS 990 filing history for Chump Change Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Chump Change Foundation's revenue has grown by 91.2%, moving from $339K to $647K. Total assets increased by 1022.7% over the same period, from $2K to $26K. Total functional expenses rose by 102.2%, from $339K to $686K. In its most recent filing year (2022), Chump Change Foundation reported a deficit of $39K, with expenses exceeding revenue. The organization holds $12K in liabilities against $26K in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $647K | $686K | $26K | $12K | — | View 990 |
| 2021 | $511K | $460K | $53K | $0 | — | View 990 |
| 2020 | $21K | $16K | $7K | $3K | — | — |
| 2019 | $339K | $339K | $2K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $647K, expenses of $686K, and assets of $26K (revenue +26.6% year-over-year).
- 2021: Revenue of $511K, expenses of $460K, and assets of $53K (revenue +2325.1% year-over-year).
- 2020: Revenue of $21K, expenses of $16K, and assets of $7K (revenue -93.8% year-over-year).
- 2019: Revenue of $339K, expenses of $339K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chump Change Foundation:
Data Sources and Methodology
This transparency report for Chump Change Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.